CITAGLB

1.180

(%)

MEMORANDUM OF UNDERSTANDING CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN CITAGLOBAL AND PT INDUSTRI BATERAI INDONESIA DATED 8 JANUARY 2023 ("MOU")

CITAGLOBAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN CITAGLOBAL AND PT INDUSTRI BATERAI INDONESIA DATED 8 JANUARY 2023 ("MOU")

Reference is made to the Company's announcements made on 9 January 2023, 25 August 2023 and 24 November 2023 in relation to the above MOU. Unless otherwise stated, all terms used herein shall have the same meaning as those defined in the abovementioned announcements.
The Board wishes to announce that the Parties have mutually agreed vide a letter of supplemental MOU dated 5 January 2024 to extend the terms of the MOU for a period of 1 year commencing on 8 January 2024 to 7 January 2025 (inclusive) so as to provide the Parties additional time to materialise the collaboration. The Parties are in active discussion to finalise a few identified projects in respect of the collaboration.
This announcement is dated 5 January 2024.






Announcement Info

Company Name CITAGLOBAL BERHAD
Stock Name CITAGLB
Date Announced 05 Jan 2024
Category General Announcement for PLC
Reference Number GA1-05012024-00034